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n/a
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146 Posts

Posted - 01/31/2007 :  15:07:01  Show Profile Send n/a a Private Message
Hey,

Just came back to the forum to post my Nickel Report and noticed that I hadn't been either to Coinflation or to here in a while. I saw Coinflation had a link to Ryedale's penny sorter video on YouTube. Glad to see it finally out, too bad the purpose it would be used for is no longer legal. A little too late, I guess.

Also noticed on Coinflation today that zinc has dropped, making the penny less than a cent again.

I recently bought some new coins, actually. I bought two Civil War tokens and two Peace Dollars. Also, unfortunately my grandmother isn't doing too well , so my mother gave me her old Morgans, one of which goes back to 1901.

I am no longer a fan of coins as an investment - I simply collect them now for the same reason I collect stamps, that is, for aesthetic value. The markups and shipping are way too high for them to be considered investments, plus there's the risk of getting ripped off.

Glad to be back!

--

"The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens." -John Maynard Keynes

Edited by - n/a on 01/31/2007 15:15:04

n/a
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103 Posts

Posted - 01/31/2007 :  20:17:26  Show Profile Send n/a a Private Message
Welcome back. We all have different reasons for holding coins. The main thing is that you enjoy being here no matter what your reason is.

Time has a funny way of turning investments into collections and collections into investments.

*****************
The above post is intended for entertainment purposes only and in no way reflect the opinions of the flesh and blood person writing the text. All writings under the screen name "copperhead" are merely a characterization of the personna created.
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